Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: We have never declared cash dividends.
−Removed: Currently, we plan to retain our cash to finance the continuing development of the business.
−Removed: Future cash dividends, if any, will depend upon financial condition, results of operations, capital requirements, statutory requirements, restrictions imposed by our Credit Facility, as well as other factors considered relevant by our Board of Directors.
Issuer Purchases of Equity Securities
7 unchanged sentences
The share repurchase program may be modified, suspended or discontinued at any time.
−Removed: As of September 30, 2022 there was $244.1 million available under this program to repurchase shares.
−Removed: We did not purchase any shares under the program during the three months ended September 30, 2022.
+Added: As of March 31, 2023 there was $234.1 million available under this program to repurchase shares.
+Added: We purchased 93,297 shares under the program during the three months ended March 31, 2023.
+Added: Period Total Number of Shares Purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under the plans or programs
+Added: January 1, 2023 - January 31, 2023 93,297 $ 107.18 93,297 $ 234,077,454
+Added: February 1, 2023 - February 28, 2023 — $ — — $ 234,077,454
+Added: March 1, 2023 - March 31, 2023 — $ — — $ 234,077,454
+Added: Total 93,297 93,297
Description Page or Method of Filing
2 unchanged sentences
3.1.2 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Exhibit 3.1 of Form 8-K dated September 15, 2004
−Removed: 3.1.3 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Appendix A of the Proxy Statement for the Registrant's 2006 Annual Meeting of Stockholders
−Removed: 3.1.4 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Appendix B of Proxy Statement for the Registrant's 2008 Annual Meeting of Stockholders
−Removed: 3.1.5 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Appendix A of the Definitive Proxy Statement filed by the Registrant with the Securities and Exchange Commission on January 9, 2009
+Added: 3.1.3 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Appendix A of the Definitive Proxy Statement for the 2006 Annual Meeting of Stockholders filed on April 10, 2006
+Added: 3.1.4 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Appendix B of the Definitive Proxy Statement for the 2008 Annual Meeting of Stockholders filed on April 1, 2008
+Added: 3.1.5 Amendment to Articles of Incorporation of Meritage Homes Corporation Incorporated by reference to Appendix A of the Definitive Proxy Statement filed on January 9, 2009
3.2 Amended and Restated Bylaws of Meritage Homes Corporation Incorporated by reference to Exhibit 3.1 of Form 8-K dated August 12, 2022
+Added: 10.1 Meritage Homes Corporation Executive Severance Plan * Filed herewith
+Added: 10.2 Phillippe Lord - Notice of Approved 2023 Compensation*
+Added: Incorporated by reference to Exhibit 10.1 of Form 8-K dated February 20, 2023
+Added: 10.3 Hilla Sferruzza - Notice of Approved 2023 Compensation*
+Added: Incorporated by reference to Exhibit 10.2 of Form 8-K dated February 20, 2023
+Added: 10.4 Clint Szubinski - Notice of Approved 2023 Compensation*
+Added: Incorporated by reference to Exhibit 10.3 of Form 8-K dated February 20, 2023
+Added: 10.5 Javier Feliciano - Notice of Approved 2023 Compensation*
+Added: Incorporated by reference to Exhibit 10.4 of Form 8-K dated February 20, 2023
+Added: 10.6 Malissia Clinton - Notice of Approved 2023 Compensation*
+Added: Incorporated by reference to Exhibit 10.5 of Form 8-K dated February 20, 2023
22 List of Guarantor Subsidiaries Incorporated by reference to Exhibit 22 of Form 10-K for the year ended December 31, 2022
2 unchanged sentences
32.1 Section 1350 Certification of Chief Executive Officer and Chief Financial Officer Furnished herewith
−Removed: 101.0 The following financial statements from the Meritage Homes Corporation Quarterly Report on Form 10-Q as of and for the three months and nine months ended September 30, 2022 were formatted in Inline XBRL (Extensible Business Reporting Language);
+Added: 101.0 The following financial statements from the Meritage Homes Corporation Quarterly Report on Form 10-Q as of and for the three months ended March 31, 2023 were formatted in Inline XBRL (Extensible Business Reporting Language);
(i) Unaudited Consolidated Balance Sheets, (ii) Unaudited Consolidated Income Statements, (iii) Unaudited Consolidated Statements of Cash Flows, and (iv) Notes to Unaudited Consolidated Financial Statements.
−Removed: 104.0 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, formatted in Inline XBRL and contained in exhibit 101.
+Added: 104.0 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, formatted in Inline XBRL and contained in exhibit 101.
+Added: * Indicates a management contract or compensation plan.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
5 unchanged sentences
(Duly Authorized Officer and Principal Financial Officer)
−Removed: October 28, 2022
+Added: April 28, 2023
INDEX OF EXHIBITS
6 unchanged sentences
3.2 Amended and Restated Bylaws of Meritage Homes Corporation
+Added: 10.1 Meritage Homes Corporation Executive Severance Plan *
+Added: 10.2 Phillippe Lord - Notice of Approved 2023 Compensation*
+Added: 10.3 Hilla Sferruzza - Notice of Approved 2023 Compensation*
+Added: 10.4 Clint Szubinski - Notice of Approved 2023 Compensation*
+Added: 10.5 Javier Feliciano - Notice of Approved 2023 Compensation*
+Added: 10.6 Malissia Clinton - Notice of Approved 2023 Compensation*
22 List of Guarantor Subsidiaries
2 unchanged sentences
32.1 Section 1350 Certification of Chief Executive Officer and Chief Financial Officer
−Removed: 101.0 The following financial statements from the Meritage Homes Corporation Quarterly Report on Form 10-Q as of and for the three months and nine months ended September 30, 2022 were formatted in Inline XBRL (Extensible Business Reporting Language);
+Added: 101.0 The following financial statements from the Meritage Homes Corporation Quarterly Report on Form 10-Q as of and for the three months ended March 31, 2023 were formatted in Inline XBRL (Extensible Business Reporting Language);
(i) Unaudited Consolidated Balance Sheets, (ii) Unaudited Consolidated Income Statements, (iii) Unaudited Consolidated Statements of Cash Flows, and (iv) Notes to Unaudited Consolidated Financial Statements.
−Removed: 104.0 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, formatted in Inline XBRL and contained in exhibit 101.
+Added: 104.0 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, formatted in Inline XBRL and contained in exhibit 101.
+Added: * Indicates a management contract or compensation plan.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.